(Adds Outlook, dividend, stock movement)
Ferguson Enterprises Inc. (FERG) intends to pay a quarterly dividend of $0.79 per share on November 8, to stockholders of record as of September 27. This brings the total full-year dividend to $3.16 per share, up 5 percent from last year.
Looking ahead, for the full year, the company expects low single digit sales growth, with a capital expenditure of $400 million to $450 million.
FERG was trading down by 3.01 percent at $191.29 in the pre-market trade on the Nasdaq.
Q4 Results:
Ferguson Enterprises Inc. (FERG) revealed a profit for fourth quarter that decreased from the same period last year but beat the Street estimates.
The company's earnings came in at $451 million, or $2.23 per share. This compares with $584 million, or $2.85 per share, in last year's fourth quarter.
Excluding items, Ferguson Enterprises Inc. reported adjusted earnings of $602 million or $2.98 per share for the period.
Analysts on average had expected the company to earn $2.86 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter rose 1.4% to $7.946 billion from $7.838 billion last year.
Ferguson Enterprises Inc. earnings at a glance (GAAP) :
-Earnings (Q4): $451 Mln. vs. $584 Mln. last year.-EPS (Q4): $2.23 vs. $2.85 last year.-Revenue (Q4): $7.946 Bln vs. $7.838 Bln last year.
For comments and feedback contact: editorial@rttnews.com
Business News
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.